247exchange

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247exchange Fees

The exchange charges a small and variable processing fee and a service fee, which is between 1-3%, depending on the volume of purchase. All fees are directly included in the purchasing price and shown below your main order.

Services available

in more than 110 countries worldwide.

4 Total Score

The Belize-based 247exchange was launched in 2018 and is still in the test stage. The exchange aims to become an easy-to-handle, customer centered platform with instant verification.

Security
2
Beginner Friendliness
8.5
Customer Support
1.5
Fees
5
Available Cryptocurrencies
2
PROS
  • wide range of accepted (local) payment methods for more than 110 countries
  • instant verification possible (no ID verification needed)
  • easy to use
  • customer centered
  • possibility to receive a 75% lifetime discount, when participating in crowdfunding campaign
  • periodic bonus payments
  • possibility to bypass banking restrictions on bank-crypto exchange transactions
CONS
  • only 4 cryptocurrencies listed
  • no trading platform included
  • no margin trading option
  • the platform is still in the test-mode, which makes it difficult to obtain information about the internal security architecture as well as about the reliability of the exchange
  • unregulated exchange
  • FAQ Help Center section, but no customer support via e-mail, phone or chat
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